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Aethir Reveals $40 Million Initiative for AI and Blockchain

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Aethir Reveals $40 Million Initiative for AI and Blockchain

Aethir collaborates with Beam Foundation, Sophon, and Permian Labs to launch Tactical Compute (TACOM), a $40M initiative to enhance AI and blockchain infrastructure through decentralized GPU networks.

By Eliza Crichton-Stuart author avatar

By Eliza Crichton-Stuart

Updated December 6th 2024

Aethir Reveals $40 Million Initiative for AI and Blockchain

Aethir, a Singapore-based provider of decentralized GPU infrastructure, has announced a $40 million initiative to launch Tactical Compute (TACOM). This collaborative effort, supported by Beam Foundation, Sophon Foundation, and Permian Labs, aims to address the growing demand for scalable computing power required for AI-driven applications, blockchain systems, and adaptive gaming technologies.

Key Takeaways

  • Aethir and partners invest $40M in Tactical Compute (TACOM) to enhance compute infrastructure for AI and blockchain.
  • TACOM leverages decentralized GPU networks and tokenized solutions to address the growing demand for high-performance computing.
  • Strategic collaborations with Beam Foundation, Sophon Foundation, and Permian Labs bring innovative solutions to market.
  • Aethir’s scalable infrastructure supports the rapid growth of web3 and AI startups while addressing supply-side challenges.
Aethir Reveals $40 Million Initiative for AI and Blockchain

Aethir Reveals $40 Million Initiative for AI and Blockchain

Market Worth $197 Billion by 2030

The global AI infrastructure market is projected to exceed $197.39 billion by 2030, fueled by the rapid expansion of AI-powered consumer applications and decentralized technologies. TACOM seeks to bridge traditional computing economics with tokenized, distributed solutions. By leveraging underutilized GPUs, the initiative aims to tackle the shortage of high-performance computing resources faced by AI startups and emerging web3 gaming projects.

Daniel Wang, CEO of Aethir, emphasized the increasing compute needs of AI startups and decentralized systems: "The web3 side of the industry has seen a plethora of new AI startups that have managed to raise capital, but it has been a struggle for them to get access to high-performance compute on demand."

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The Role of Decentralization

TACOM introduces a tokenized framework for accessing GPU resources, akin to cloud credits, but decentralized. It focuses on compute-related opportunities, such as hardware financing, yield arbitrage, and network bootstrapping. This approach addresses unpredictable infrastructure costs while providing scalable solutions for AI and web3 startups.

Aethir’s decentralized GPU network, powered by cutting-edge technology including Nvidia H100 and H200 GPUs, anchors TACOM’s operations. These GPUs enable innovative use cases, such as token farming and testnet bootstrapping for emerging blockchain protocols, while promoting monetization of GPU resources.

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Strategic Partnerships

Beam Foundation, known for advancing the adoption of decentralized technologies, is a key partner in TACOM. Permian Labs contributes through its MetaStreet Protocol, which develops DeFi primitives for GPU and node financing. This collaboration enhances liquidity for compute hardware, driving the expansion of decentralized networks. Sophon Foundation complements the effort by deploying infrastructure and integrating TACOM’s solutions into consumer-facing AI and gaming applications.

Enabling Growth in AI and Web3

The $40 million capital will help onboard additional GPU resources, addressing critical supply-side bottlenecks. Aethir’s infrastructure provides a cost-effective alternative to traditional computing providers while supporting over 200 companies with its scalable solutions.

Despite the volatile web3 landscape—where 93% of projects reportedly fail—Aethir has demonstrated resilience with $50 million in annual recurring revenue and a strong financial foundation. By leveraging its decentralized network, Aethir positions itself as a crucial player in enabling the next wave of technological innovation.

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Future Outlook

As traditional cloud providers like Amazon Web Services increasingly engage with blockchain infrastructure, Aethir’s decentralized approach offers a complementary solution. Wang anticipates a future where centralized and decentralized providers collaborate to meet surging compute demands.

TACOM sets a new standard for compute resource distribution and monetization, unlocking opportunities across AI, gaming, and blockchain sectors. This initiative underscores the transformative potential of decentralized technology in shaping the future of scalable networks.

Source: GamesBeat


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updated:

December 6th 2024

posted:

December 6th 2024

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